Hillcrest Subd Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Hillcrest is a small, fully built-out pocket of 70 homes in Melbourne, all dating to the late 1950s. With nothing currently listed, there is no live inventory to anchor a price conversation, and the single number we can stand behind is the median living area of 1,858 square feet. In a tract this old and this tight, price is driven almost entirely by condition and updates — a renovated house and an original one from the same year will not trade anywhere near each other.
For sellers, zero active listings means whoever comes to market first sets the tone rather than reacting to a neighbor's price. For buyers, it means patience: turnover here is a matter of waiting for the right door to open, and when one does, being ready to move matters more than shopping several options at once.
The 60-Second Overview
Hillcrest is a compact, established Melbourne subdivision of 70 mid-century homes with no active listings at the moment. Just over half the homes carry a homestead exemption, which tends to point to owner-occupancy and slower turnover.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Hillcrest Subd Melbourne. Swipe to explore the community.
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Hillcrest Subd Melbourne
Hillcrest Subd Melbourne
Hillcrest Subd Melbourne
Hillcrest Subd Melbourne
Hillcrest Subd MelbourneWho Hillcrest Subd Melbourne is best for.
Best for
- Buyers targeting an established Melbourne location who can wait for the right listing to surface
- Renovation-minded buyers willing to update a late-1950s home and budget for its systems
- Long-hold owner-occupants who value a stable, low-turnover pocket over resale churn
Probably not for
- Buyers who need move-in-ready new construction or open modern floor plans
- Anyone wanting community amenities like a pool, clubhouse, or shared facilities
- Buyers on a tight timeline who need multiple homes to choose from right now
The market around Hillcrest Subd Melbourne
Hillcrest Subd Melbourne is too small for its own price trend, so here is the market around it.
Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).
ZIP and county figures describe the wider market, not Hillcrest Subd Melbourne specifically. Momentum Research analysis of MLS records.
Recent Developments in Hillcrest Subd
Development, infrastructure, retail, and school activity affecting Hillcrest Subd, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 10 miles northwest of Hillcrest Subd, elsewhere in Brevard County.
Source: Viera - June 2026Development
Proposed Brevard County USL soccer stadium would anchor new mixed-use development
Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.
What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The site is about 3 miles southwest of Hillcrest Subd.
Source: FOX 35 Orlando - June 2026Development
West Melbourne's Space Coast Town Center Expands
The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.
What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 5 miles southwest of Hillcrest Subd, elsewhere in Brevard County.
Source: WFTV - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 10 miles northwest of Hillcrest Subd, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Infrastructure
Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction
FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.
What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The site is about 2 miles southwest of Hillcrest Subd.
Source: CFL Roads (FDOT) - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 19 miles north of Hillcrest Subd, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Hillcrest Subd Melbourne buying strategy.
If we were buying in Hillcrest Subd Melbourne today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Hillcrest Subd Melbourne.
A small, mature tract that trades on condition
Every home here was built between 1956 and 1961, with a median build year of 1958. That narrow window tells you what to expect structurally: single-story mid-century construction, original floor plans unless someone opened them up, and building systems that are candidates for updating. At a median 1,858 square feet, the footprints are usefully sized without being large, and the real variable between one house and the next is how much work has already been done.
With a homestead share of about 56%, a meaningful chunk of these homes are held by long-term owners, which historically keeps listings scarce. There are no community amenities identified from current MLS listings, so this is a location-and-house decision, not an amenity decision — you are buying the specific home and its place in Melbourne, not a clubhouse or shared facilities.
The location and the amenities are priced into every listing in Hillcrest Subd Melbourne. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 70-home subdivision with nothing on the market, comps are thin and stale, and pricing has to be reasoned from condition rather than read off a nearby sale. We track this pocket closely, we know how to weigh a renovated mid-century home against an original one, and we can position a seller as the first mover or get a buyer ready to act the moment a door opens.
Hillcrest Subd Melbourne in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Hillcrest Subd Melbourne buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Hillcrest Subd Melbourne sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hillcrest Subd Melbourne, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hillcrest Subd Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Hillcrest Subd Melbourne, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Hillcrest Market Scorecard
Hillcrest is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $337,450.
Go deeper: county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Hillcrest Subd Melbourne?
What share of Hillcrest Subd Melbourne is owner-occupied?
When were the homes in Hillcrest Subd Melbourne built?
Who is the best real estate agent for Hillcrest Subd Melbourne?
How do I find a top Melbourne real estate agent who knows Hillcrest Subd Melbourne?
Can Momentum Realty connect me with an agent for Hillcrest Subd Melbourne?
Should you buy in Hillcrest Subd Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Hillcrest Subd Melbourne with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space Coast MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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